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NAP Nyrt (BUD:NAP) Receivables Turnover : 2.98 (As of Jun. 2023)


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What is NAP Nyrt Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. NAP Nyrt's Revenue for the six months ended in Jun. 2023 was Ft1,230 Mil. NAP Nyrt's average Accounts Receivable for the six months ended in Jun. 2023 was Ft412 Mil. Hence, NAP Nyrt's Receivables Turnover for the six months ended in Jun. 2023 was 2.98.

NAP Nyrt Receivables Turnover Historical Data

The historical data trend for NAP Nyrt's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NAP Nyrt Receivables Turnover Chart

NAP Nyrt Annual Data
Trend Dec20 Dec21 Dec22
Receivables Turnover
- 10.86 17.76

NAP Nyrt Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Receivables Turnover - 7.08 2.21 2.41 2.98

Competitive Comparison of NAP Nyrt's Receivables Turnover

For the Utilities - Renewable subindustry, NAP Nyrt's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NAP Nyrt's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NAP Nyrt's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NAP Nyrt's Receivables Turnover falls into.


NAP Nyrt Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

NAP Nyrt's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=2463.418 / ((53.669 + 223.752) / 2 )
=2463.418 / 138.7105
=17.76

NAP Nyrt's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=1229.854 / ((223.752 + 600.819) / 2 )
=1229.854 / 412.2855
=2.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NAP Nyrt  (BUD:NAP) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

NAP Nyrt Receivables Turnover Related Terms

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NAP Nyrt (BUD:NAP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NAP Nyrt (BUD:NAP) » Definitions » Receivables Turnover
Comparable Companies
BUD:ENEFI BUD:PANNERGY CEG ISX:BREN WBO:VER XPRA:CEZ OCSE:ORSTED SHSE:600025 SHSE:600905 BOM:541450 SZSE:001289 XLIS:EDPR BSP:ELET3 BKK:GULF SHSE:600886 TSE:9503 OHEL:FORTUM SHSE:600795 XSWX:BKW XMAD:ANE
Traded in Other Exchanges
N/A
Address
Timar utca 20, Budapest, HUN, 1034
Website
https://www.nap.solar
NAP Nyrt is a renewable electricity producer company. It acquires project companies that own solar power plants and by carrying out solar power plant investments.